DLA Piper has represented TDJ Pitango Ventures in its EUR 3.5 million investment in Custom Sp z o.o. Kondracki Celej advised Custom and its founders on the deal.
Custom owns the tylko.com website and Tylko mobile application, which enable clients to design and purchase furniture customized to suit their specific needs and personalities. With the use of configurators available on the website and the mobile app., clients can create and buy their own Ivy Shelf units.
TDJ Pitango Ventures is a Polish-Israeli venture capital fund that invests in technologically innovative start-ups with global potential. According to TDJ Pitango, "it focuses on projects created by firms at the start-up and growth phases, and in the case of particularly interesting projects it also invests at the seed phase."
The DLA Piper team was led by Partner Marta Frackowiak and Senior Associate Wojciech Kalinowski, supported by Associate Hubert Hajdczenia and Junior Associate Paulina Ciupa.
The Kondracki Celej team was led by Partner Rafal Celej and Associate Michal Wnuk.